Joint Stock Co Kaspi.kz (KSPI)

Watch
Watch: analysts carry a Strong Buy consensus
$105.14
Last close
+16.9%
1-year return
KSPI Bull Case vs. Bear Case

A data-driven read of KSPI's strengths and risk factors, built from its financials, earnings history, analyst activity, and insider trading, not opinion or speculation.

Strengths
Analyst consensus is Strong Buy across 5 analysts.
Watch Items
None flagged by these checks.
Who's Bullish on KSPI, and Who Isn't

Five independent market signals, analysts, institutions, insiders, short sellers, and price trend, each scored from real, current data. See exactly where the smart money agrees, and where it's split.

All 4 available signals lean the same direction: bullish.

Institutions
365.4K shares net this 13F cycle
Insiders
No activity on record
Analysts
Strong Buy consensus, 5 analysts
Short Sellers
Short interest falling, 3 straight reports
Price Trend
Uptrend, price above a rising 50-day average
KSPI's Biggest Trading Days

Every trading day in the last 2 years where KSPI moved 4% or more in a single session, most recent first, a quick read on how volatile this stock has really been. See full daily price history →

DateMoveClose
Aug 12, 2026+4.39%$99.55
Aug 10, 2026+4.10%$94.00
Jun 11, 2026+4.77%$82.33
Apr 27, 2026+4.09%$89.29
Apr 20, 2026+8.11%$91.81
Apr 17, 2026+4.53%$84.91
Apr 13, 2026+6.22%$79.54
Mar 27, 2026-4.44%$70.87
Mar 16, 2026+4.19%$71.72
Mar 3, 2026-4.22%$74.71
Mar 2, 2026+10.49%$78.00
Jan 6, 2026+5.86%$83.30
Nov 28, 2025+4.48%$77.31
Sep 17, 2025+5.20%$89.14
Aug 4, 2025+13.80%$86.67
Jul 30, 2025-4.63%$81.98
May 12, 2025-7.66%$83.20
Apr 23, 2025+4.06%$88.37
Apr 21, 2025-4.16%$82.02
Apr 16, 2025-4.25%$82.59
Apr 10, 2025-5.68%$83.38
Apr 9, 2025+8.84%$88.40
Apr 4, 2025-8.09%$83.12
Apr 3, 2025-4.34%$90.43
Mar 17, 2025+4.15%$99.59

Showing the 25 most recent of 40 on record. Full history is on the Price Insights page.

The KSPI Timeline: Earnings, Insider Trades & Analyst Calls

Every major event from the past 12 months, earnings reports, insider transactions, and analyst upgrades or downgrades, merged into a single chronological feed so you can see what clustered together.

EAug 10, 2026Q2 '26 earnings: reported EPS
EMay 11, 2026Q1 '26 earnings: reported EPS
EMar 2, 2026Q4 '25 earnings: beat EPS+6.4% surprise
RFeb 2, 2026Susquehanna: DowngradeNeutral
ENov 10, 2025Q3 '25 earnings: missed EPS-6.2% surprise
ROct 8, 2025Goldman: UpgradeBuy
Sector
Technology
Industry
Software - Infrastructure
Exchange
NASDAQ

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine. The company operates through three segments: Payments, Marketplace, and Fintech. The Payments segment offers a platform that facilities transactions between and among merchants and consumers. This segment provides ways for consumers to pay for shopping transactions and regular household bills, as well as make peer to peer payments; and enables merchants to accept payment online and in store, issue and settle invoices, pay suppliers, and monitor merchant turnover. It also offers proprietary data, which facilitates informed decision-making across multiple areas of business. Its Marketplace Platform segment connects both online and offline merchants with consumers, enabling merchants to increase sales through an omnichannel strategy and allowing consumers to purchase products and services from various merchants. This segment operates marketplaces through m-commerce, a mobile solution for shopping in person; e-Commerce, which allows consumers to shop anywhere and anytime with free delivery; and Kaspi Travel that allows consumers to book domestic and international flights, domestic rail tickets, and international package holidays. It also enhances merchants' sales by connecting payments and fintech products, Kapsi advertising, and other delivery services. The Fintech Platform segment provides consumers with buy-now-pay-later, finance and savings products, and merchants with merchant finance services. It also involved in the banking; distressed asset management; real estate business; payment processing; online travel; e-grocery; classifieds; and storage and processing of information services. Joint Stock Company Kaspi.kz was incorporated in 2008 and is headquartered in Almaty, the Republic of Kazakhstan.

154A, Nauryzbai Batyr Street, Almaty, 050013, Kazakhstan, 7 727 330 6710

KSPI By the Numbers

A complete statistical profile built from KSPI's full price, financial, and ownership history, not an isolated snapshot. Explore any category in depth below.

Price & Momentum
Full price insights →
Volatility regime
Below its normal
52-week range position
92%
Trend
Uptrend, price above a rising 50-day average
Current streak
1d down
View full historical prices →
Earnings
Full earnings history →
EPS beat rate
+57%
Current streak
Analyst Coverage
Full analyst ratings →
Consensus
Strong Buy
Avg target upside
+3.7%
Target agreement
Wide disagreement
Short Interest
Full short interest →
Shares short
1.2M
Days-to-cover percentile
66th
Days to cover
3.7
Institutional Ownership
Full institutional holders →
Total holders
141
Net flow this cycle
-$310.15M
Top 10 concentration
+71%
This overview draws together KSPI's price action, fundamentals, and market activity into one view, click through any section above for the full underlying analysis. The bull/bear breakdown and agreement matrix combine independently-sourced signals and are not a recommendation; any single signal can be wrong, and agreement between them is not a guarantee of future performance. This is historical data, not investment advice. Read disclaimer →